Hitachi Energy to invest $528m in new transformer factory in Mississippi - Nikkei Asia
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NEW YORK/TOKYO (Reuters) -- Hitachi Energy plans to build a $528 million factory in Mississippi to produce electrical transformers, marking the single-biggest investment the company has made as part of its U.S. manufacturing expansion, the company said on Tuesday.
NEW YORK/TOKYO (Reuters) -- Hitachi Energy plans to build a $528 million factory in Mississippi to produce electrical transformers, marking the single-biggest investment the company has made as part of its U.S. manufacturing expansion, the company said on Tuesday.
The country's record-high power demand -- driven by the proliferation of the technology industry's giant data centers and the electrification of buildings and transportation -- has butted up against a lack of critical electrical infrastructure like transformers and circuit breakers.
The Gallman, Mississippi, plant, which is expected to start operations in 2029, will be roughly double the size of Hitachi Energy's existing Crystal Springs facility in the state.
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